Same game parlays have changed sports betting, allowing you to make correlated plays. In other words, SGPs let you bet on parlay legs that are closely tied together.
When one leg wins, your chances of winning the others increase. That means your chance of winning the parlay is better.
SGPs let you stack the legs of a parlay together. That increases your chances of winning while still paying the big odds that make parlays attractive to bettors.
Pick a side and lean in on it to build a uniquely smart and potentially profitable Super Bowl parlay this season.
What are Super Bowl Same Game Parlays?
Combine two or more bets into one single bet, and that’s a parlay. You stand to win more on the combination of bets than you would on the sum of the payouts on the bets individually because of the difficulty in stringing multiple winners together.
There’s the rub: you can’t win some and lose some and still profit. You must win all the bets you put together to win the parlay.
Combine two or more bets from the same game into one single bet, and that’s a same game parlay. SGPs are easy to sweat because you only have to follow one game.
You still get better odds than you would placing the same bets individually. But because the outcomes of the bets in an SGP are closely tied together, SGPs don’t offer the same lofty payouts you might get with a more traditional parlay.
Combine two or more bets from the Super Bowl into one bet, and that’s a Super Bowl same game parlay.
How much will a typical Super Bowl parlay pay?
The odds paid on any Super Bowl SGP depend on the number of legs and the odds on each leg.
The odds paid are also sportsbook-dependent and contingent upon what each sportsbook considers the odds of you winning every single leg.
We know two things:
Sportsbooks do more than just combine the individual odds for each leg of a Super Bowl parlay. They also pay less than the true odds of winning every leg in a Super Bowl parlay.
If every leg in your Super Bowl parlay has standard -110 odds, like both sides of most spread and total bets, we know the true odds of winning based on the number of legs.
We also know what odds sportsbooks pay on standard parlays, including only coin-flip legs with -110 odds. Here’s a look at the chart:
|Number of Legs
The thing about Super Bowl parlays, and other SGPs, is that the legs impact one another.
That makes it easier to win. If one leg hits, the others have a better chance. Sportsbooks understand this, so they’ll adjust the odds and move the potential payout further away from the true odds of winning.
Ultimately, the amount of money you’ll get paid on a winning Super Bowl parlay depends on how much you bet and the odds, which will almost always be more than the sum of the payouts on the bets individually but less than the true odds of winning and what you might earn on a standard parlay involving unrelated legs from more than one game.
You might bet on a Super Bowl parlay with the following three legs:
- Kansas City underdog moneyline
- Over 57.5 total points
- KC QB Patrick Mahomes over 1.5 TD passes
All three legs won in Super Bowl LVII. A standard three-leg parlay like this might pay +600, a little better than the true odds of winning at +596. But since the outcome of each leg can be considered related or having a better chance of winning if the other legs win, sportsbooks likely dropped the Super Bowl SGP odds to somewhere around +565.
The book is paying less than the true odds to make it a potentially profitable bet for the sportsbook, even though you stand a decent chance to win and would have in last year’s Super Bowl.
What are your options for Super Bowl parlays?
If a bet is available for the Super Bowl, there’s a good chance you can put it in your Super Bowl parlay. That means standard and alternative Super Bowl game lines and all kinds of Super Bowl props can be combined in a Super Bowl parlay. Here’s a look at some of your options:
- Super Bowl moneyline: Pick the Super Bowl winner at the posted odds. The odds on the favorite will have a minus sign (-) telling you how much you need to bet to win $100. The odds on the underdog will have a plus sign (+) telling you how much you stand to win for every $100 bet. Betting the favorite is among the best low-risk bets for the Super Bowl.
- Super Bowl spread: Pick the Super Bowl winner with a points handicap factored into the final score. This handicap is called the spread. Oddsmakers set the line, which must be factored into the final score to determine which side of the bet wins. The factoring involves deducting the points from the favorite’s total or adding them to the underdog’s. The posted odds are usually close to even on both sides, with a small profit for the sportsbook built-in.
- Super Bowl total: Bet on the two teams in the Super Bowl combining to score more or fewer points than a line set by sportsbooks. The posted odds are usually close to even on both sides, with a small profit for the sportsbook built-in.
- Team and player Super Bowl props: Bet on the achievements of the Super Bowl teams or individual players. Props might ask “yes” or “no” questions, such as will there be a defensive score or a punt returned for a TD? The odds will vary based on probability. Props may also be over/under bets, allowing you to bet against a line set by sportsbooks. Over/under props usually surround statistics, such as will a specific running back rush for over 65.5 yards or a specific QB throw more than 1.5 TD passes.
- Super Bowl MVP props: Bet on who will win Super Bowl MVP. It’s like the moneyline, but since a winner can’t be predicted accurately, everyone’s an underdog ahead of kickoff.
- Non-football Super Bowl props/exotics: Bet on all kinds of things on the game’s periphery, including the coin toss, the national anthem, the broadcast and the halftime show. You can even bet on what color Gatorade is poured over the winning coach. Like more traditional props, exotics might ask “yes” or “no” questions with odds based on probability or be over/under bets with sportsbooks setting the lines so the odds are close to even.
With so many options, what should you consider first?
Super Bowl SGPs let you bet on legs that are closely tied together. If one leg wins, your chances of winning the other legs increase. That means you can stack the legs of your Super Bowl parlay together and increase your chances of winning.
Ultimately, the best strategy for assembling Super Bowl parlays is to pick a winner and lean in on that team with your other legs. If you believe a team will win the game, every leg in your parlay can be built around that team winning.
After all, a win means they’re likely going to put up the stats needed to win, one of their players will probably win MVP, and so on.
That means you should consider what team you think will win the Super Bowl. If you like the favorite, lay the points with your first leg to keep the odds favorable. If you like the underdog, increase your odds by making your first leg a moneyline underdog bet.
After that, stack other related team and player props around your pick to win it.
Three essential things to consider before betting a Super Bowl parlay
The optimal number of legs: A good bet pays something close to the true odds of winning it. Look at the chart above. You can see that two- and three-leg parlays are the only ones that come close. Three-leg parlays can pay even better than the true odds, making three the optimal number of legs in any parlay. Super Bowl parlays involve related legs, and sportsbooks adjust the odds, moving the payouts further away from the true odds. Still, starting with the only baseline that pays better than the true odds makes sense.
Stack your legs together: Super Bowl parlays let you bet on legs so closely tied together that if one leg wins, the other legs stand a better chance of winning. You have to take advantage of the opportunity to stack the legs of your Super Bowl parlay together, placing correlated bets that increase your chances of winning each one.
Avoid betting against yourself: If stacking the legs of your Super Bowl parlay together increases your chances of winning, pitting the legs against each other is a sure way to lose. Don’t bet something such as the under and the teams and players to put up big stats. It’s contradictory. Also, don’t pick a team to win and the Super Bowl MVP winner from the other side. These things are akin to betting against yourself.
Three Super Bowl parlays that make a lot of sense
Bet based on your Super Bowl story
The Super Bowl parlay we used as an example above makes perfect sense. By combining the Kansas City underdog moneyline with QB Patrick Mahomes throwing over 1.5 TD passes and the over on the 57.5 total, we were essentially picking Mahomes to lead KC to a slight upset win in a high-scoring game. That’s precisely what happened. Stacking the legs together to tell that Super Bowl story made this parlay a winner at Super Bowl LVII.
Expanding your story
We know the amount of money you’ll get paid on a winning Super Bowl parlay depends on how many legs you put together, the odds on each leg and how much you bet. If we were looking for an even bigger payday, adding closely related legs to the Super Bowl parlay we used as an example above makes sense. We were picking Mahomes to lead KC to a slight upset win in a high-scoring game, so we combined the Kansas City underdog moneyline with Mahomes throwing over 1.5 TD passes and the over on the 57.5 total. Had we added Mahomes to win Super Bowl MVP, and knowing he couldn’t do it alone, favorite target Travis Kelce to score at least one TD, we’d have been an even bigger winner. However, the legs would be almost as closely related and tell a similar Super Bowl story.
Once again, the money you’ll get paid on a winning Super Bowl parlay depends on how many legs, the odds on each leg and how much you bet. Knowing this, you can go for broke by adding more legs related to the Super Bowl story you’re trying to tell and betting big on it. In other words, when you’re picking Mahomes to lead KC to a slight upset win in a high-scoring game, it makes sense to combine the Kansas City underdog moneyline with Mahomes throwing over 1.5 TD passes, the over on the 57.5 total, Mahomes winning Super Bowl MVP, and Travis Kelce scoring at least one TD. But you can also add Mahomes over 20 completions and 180 yards passing, Cheifs RB Isiah Pacheco anytime TD scorer, Eagles QB Jalen Hurts anytime TD scorer and any other props that serve that same story. Make your bet bigger than usual, get somewhere near +15000 odds on an eight-plus leg Super Bowl parlay, and you could be in line for a huge payout while still betting a Super Bowl parlay that makes sense.
How to open a new account and bet SB parlays
(Note: Mobile betting is not live in North Carolina, and online sportsbooks are not currently accepting registrations.)
You can bet on Super Bowl parlays at any of the online sportsbooks expected to go live in North Carolina, including Caesars NC Sportsbook. Here’s how in three easy steps:
1. Sign up: Sign up with any online sportsbook launching in North Carolina through our link to its website. Alternatively, you can download its sports betting app and sign up there. You’ll have to provide the sportsbook with some personal and account information, but your name, contact info, and the last four digits of your Social Security Number are all they’ll ask for.
2. Deposit: Deposit money in your account to bet with. Online sportsbooks in North Carolina should accept everything from credit cards to PayPal and other online banking services.
3. Build your Super Bowl parlay: Browse through the available Super Bowl betting markets and click on a line you want to start your parlay with. The sportsbook will instantly create a bet slip. Fill in the slip by clicking to combine all your bets into a Super Bowl SGP, adding the other legs you want to be a part of the parlay and the amount you wish to bet.